Stipend to Articles
RUPESH CHOUDHURY (Student) (484 Points)
01 August 2009
Stipend to Articles is Exempt u/s-10 (16)in the case of Sudhir Kumar Vs. ITO.
2 Replies
CA Nitin Wadhwani
(Chartered Accountant)
(4469 Points)
Replied 01 August 2009
Otherwise, it is taxable under Sec.17(1) as Income From Salaries.
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